When my friend first came to find me, the account only had 20,000. Fortunately, he found me first before starting to trade.
$ETH I let him learn a few methods and apply them flexibly:
First rule: Continuous stop-loss must be stopped
$RIVER If you lose three trades in a row, you are not allowed to continue trading.
It's not to protect the money, but to protect your emotions.
$SIREN When emotions take over, even the strongest system will fail.
Second rule: Never treat contracts like a casino
Contracts are not a game of chess; you can't just go all-in and expect to turn it around.
If your position is unstable, any strategy is meaningless.
Third rule: Going with the trend is the cheapest superpower
Go long in an uptrend, go short in a downtrend; if you don't understand, stay out of the market.
Going against the trend is the fastest way for retail investors to perish.
Fourth rule: You can tell at a glance if the risk-reward ratio is worth it
If you stop-loss at 1,000, you need to make at least 2,000 to make it worth it.
Keep losses within a bearable range and let profits run further.
Fifth rule: A day without trading is not a loss, it's protection
Frequent trading is not diligence; it's handing money to the market.
Being able to wait is the first skill of a master.
Sixth rule: Don't touch markets you don't understand
Sharp rises, sudden drops, and inexplicable fluctuations—keep your hands off.
Making money when you don't understand is digging your own grave.
Seventh rule: Stop-loss is the bottom line
Holding a position once feels good, but liquidation is a funeral pyre.
Stop-loss is a seatbelt; it tightens a bit, but it saves your life.
Eighth rule: Be calm when making a profit
Most people don't lose in losses but lose when they are winning.
As soon as they make money, they get carried away, over-leverage, and rush in; this is the easiest way to be awakened by the market.
He mechanically executed these eight rules for three months, growing from 20,000 to 180,000, without a single liquidation or impulsive over-leverage.
Do you think this is 'luck'?
Wrong, it was the first time he walked in the right direction.
Contracts are not about technical skills; it's about who can survive longer.
Opportunities that belong to you will come knocking at your door.
It's very hard to go on in this market relying on just one person.
Now, I have a repaired road here; will you walk it? #摩根士丹利比特币现货ETF #特朗普希望尽快结束对伊朗战争 #International oil prices are falling